Gladeo

Analysis

Gladeo is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Gladeo reported income of $387k and spending of $391k, spending 101% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $322k to $387k (+20%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gladeo sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Insurance Training and Education Center Inc ($387k), West Logan Christian Academy ($387k) and United Roots ($387k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $98k against liabilities of $15k, net assets of $83k.